renewable fuels

Phillips 66 Investing in Iowa Soybean Feedstock for Renewable Fuels

Phillips 66 Investing in Iowa Soybean Feedstock for Renewable Fuels

Houston-based Phillips 66 has bolstered its burgeoning renewable fuel projects portfolio with an investment in an Iowa feedstock plant. Phillips 66 recently announced that it would have a minority ownership in Shell Rock Soy Processing (SRSP) in Shell Rock, IA. The companies also agreed to purchase 100% of the plant’s soybean oil production to convert…

April 23, 2021
Valero Makes Case for U.S. Carbon Tax as Renewable Diesel, CCS Options Grow

Valero Makes Case for U.S. Carbon Tax as Renewable Diesel, CCS Options Grow

Valero Energy Corp., whose renewable fuels arm is expanding, signaled Thursday that the most efficient way to reduce U.S. emissions could be via a carbon tax. The San Antonio-based global refining giant’s management team shared a microphone to discuss first quarter performance and the outlook for the year. Valero has plenty of skin in the…

April 22, 2021